Thread: Money Investing megathread extravaganza
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Old 04-07-2022, 06:56 PM   #12594
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $-1419523
Quote:
Originally Posted by Rain Man View Post
There was a case a while back where a brokerage firm got caught making some tiny computer program change to execute their trades a microsecond before the public's trades, which gave them an advantage in pricing their buys and sells. Ever since then, I've known that we're playing a rigged game that works against people and for giant Wall Street brokerages, and it's disappointing. But the challenge is that it's the only game in town.
They're using AI technology that has investor emotion plugged in to the algorithms.
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